Payments company Adyen retains hiring pace despite tech slowdown
Claudia Chong
DUTCH fintech Adyen intends to keep up its pace of hiring until at least 2024, taking advantage of its strong financial position to continue growing its business even as rivals are forced to cut back.
Adyen’s headcount stood at 2,575 at end-June, about 78 per cent more than two years ago. The company added 395 people in the first half of this year, over 50 per cent more than it did in each of the last two half-years.
That increased pace reflected improvements in prospects, rather than a lack of discipline, according to Ingo Uytdehaage, chief financial officer of Adyen.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
JLL Singapore cuts over 20 jobs or 1% of workforce; Knight Frank Singapore also lays off staff
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1